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Question: Fisal and Tamer started a dry cleaning business. The business may be successful or it may fail. The type of risk that is present when either a profit or loss could occur is called

Option:

  1.  Pure risk
  2.  Subjective risk
  3.  Fundamental risk
  4.  Speculative risk

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4. Speculative risk

Fisal and Tamer started a dry cleaning business. The business may be successful or it may fail.

The type of risk that is present when either a profit or loss could occur is called Speculative risk.

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